CCI approves acquisition of 72.49% stake (approx.) in Quality Care India by BCP Asia II

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..... CCI approves acquisition of 72.49% stake (approx.) in Quality Care India by BCP Asia II - News and Press Release Dated:- 20-9-2023 - News - The Competition Commission of India (CCI) has approved acq .....

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..... uisition of approximately 72.49% stake in Quality Care India by BCP Asia II. The Proposed Combination envisages acquisition of ~72.49% of the total equity shareholding of Quality Care India Limited .....

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..... ( Target ), on a fully diluted basis, by BCP Asia II Topco IV Pte. Ltd ( BCP Asia II/Acquirer ) from Touch Healthcare Private Limited. The Acquirer is controlled by funds advised and/or managed by .....

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..... affiliates of Blackstone Inc. The Target is a multi-specialty healthcare provider established in 1997. It operates a network of multi-speciality hospitals under the brand name CARE Hospitals in .....

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..... various cities in India. The Target, directly and through its downstream affiliates, has 17 healthcare facilities (16 hospitals and 1 clinic) serving 7 cities in 6 states in India, with ~2,400 beds. .....

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..... - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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